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Topic: Is bitcoin a better payment system? - page 7. (Read 2019 times)

newbie
Activity: 84
Merit: 0
April 24, 2018, 05:11:18 AM
Yes, I consider bitcoin as a payment system while this is not very practical but payment technology is constantly improving and developing.I think in the future when the system becomes ideal, it will become a better payment system.It can be the first payment method online in the future.It is making payments and trades easier and simpler for people around the world.
full member
Activity: 350
Merit: 100
April 24, 2018, 05:01:20 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Yes for me it is a better payment system and nothing happens some negatively issue using my bitcoin. It is easier and can be able to help everyone to  paid their bills without going to the market . Some business man used it also for their business purposes .
newbie
Activity: 98
Merit: 0
April 24, 2018, 04:56:28 AM
I do not think that bitcoin is a bit of a payday because it's a cryptocurency money bitcoin is a good trading fee because bitcoin belongs.. I'm aggring its one of the top crypto but to make safe in this crypto field innovate bitcoin and its features is an important issue now.
newbie
Activity: 182
Merit: 0
April 24, 2018, 04:32:32 AM
Bitcoin is an alternative payment system. As any system it has its advantages and disadvantages. It`s fast, anonymous and international. That`s great for users. But still there`re politicians who are against using it by majorities because it isn`t transparent enough, can`t be regulated the traditional way and can`t be taxed. But I hope that the day when we all see the bright future of Bitcoin and cryptocurrencies in general will come very soon Wink
full member
Activity: 462
Merit: 100
April 24, 2018, 04:31:33 AM
I don't think so, because I've never tried it.. But I heard it and I also read it from the blog and the news. But as far as I can see read the news about it, people tried it in an easy way to transact. But there's have too much conflict from the other users who's not willing and want to use it,. So I dont know what and who is the right one to follow.
full member
Activity: 448
Merit: 107
CryptoSport
April 24, 2018, 04:14:59 AM
Today Bitcoin is a shitty payment method.
In my opinion you keep bitcoin for the asset value, not the coin.
Once volatility is over you can spend bitcoin again.
full member
Activity: 420
Merit: 100
April 24, 2018, 03:56:23 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
The best paying system is this bitcoin.  Nothing happened to  experienced some trouble when it comes to payment system. And many more transactions are in bitcoin. Thats why everyone in this world also choose this bitcoin rather than chossing something that is not really reliable.
jr. member
Activity: 308
Merit: 1
April 24, 2018, 03:52:01 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).


Yes, i agree. There are changes needed for bitcoin to be the best cryptocurrency in terms of payment. Like for example,the high transaction fees they charge from it unlike etherium and there are sometimes situations of slow transaction process cause by mining. If they would only fix these problems, then transactions becomes more easy..Other than that i believe bitcoin is still the best payment system and other coins depend only on it.
full member
Activity: 420
Merit: 101
April 24, 2018, 03:33:13 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
In  the last year of working with the bitcoin. Bitcoin is a good payment system in every transaction you wamt to do. It is easier and fast and no trouble happenned. The best for me it also used for my savings. It is much safer and no hastle thing happen .
jr. member
Activity: 70
Merit: 1
April 24, 2018, 03:29:17 AM
Bitcoin is not a much better payment system at the moment because it has not started to be used by everybody but it is not enough in a few stores or shops but after a few years it can be called the best payment system so we invest more in investors and do not break the morals I advise them to invest a lot because I think that they will eat their fruits in the future.
full member
Activity: 350
Merit: 100
BITDEPOSITARY - Make ICO's , More Secure
April 24, 2018, 03:22:02 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

The former bitcoin is but sadly bitcoin now is not very advisable as a mode of payment since it has very high transaction fees. But as per how it is created and its system it is a very good way to pay your transactions online and much more accessible than credit cards and other payment options.
newbie
Activity: 98
Merit: 0
April 24, 2018, 03:18:34 AM
Their first concern was Bitcoin transactions, exactly the fees required by the digger to confirm a Blockchain transaction.
In the first quarter of 2017, the fee was $ 2.40 per transaction - a significant increase from $ 0.024 in the fourth quarter of 2016. Analysts "One of the reasons for the fee is the size The larger the transaction data, the more time consuming the excavator will be. "" The fee is not as effective as the regular bank fee, but if you do not charge a fee Properly, there is a serious risk that diggers will not handle the transaction. "The economic problem of mining is complex and necessary, but it is contributing to the slowdown of Bitcoin as a bar system. math.
newbie
Activity: 98
Merit: 0
April 24, 2018, 03:01:51 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
newbie
Activity: 196
Merit: 0
April 24, 2018, 02:54:22 AM
The current bitcoin payment system is relatively good and safe for the consumer, although there are some limitations, but still good and the future I believe the inventors will offer a more modern system.
newbie
Activity: 112
Merit: 0
April 24, 2018, 02:45:52 AM
Best and fast payment system now etherium. Bitcoin is one of the worst payment systems, it has a low speed of transaction processing Smiley
newbie
Activity: 30
Merit: 0
April 24, 2018, 02:32:23 AM
As I think bitcoin is not a good paying system, speedy growth is also a double-edged sword with Bitcoin, as people hardly want to use their Bitcoin to pay, because of time. To confirm the single transaction is usually from 10 minutes to more than an hour.
full member
Activity: 336
Merit: 102
April 24, 2018, 02:21:00 AM
Of course bitcoin and any other cryptocurrency is a better payment system. The reason is simple. Its a automatic computer algorhytm which totally works without any action of humans. So a computer is more trustfull then a bank which are leaded by humans. Humans are greedy, and they try everything to get your money. SO there happend a lot in the past that banks are lock the accounts of their customers. Withcryptocurrencies this can not happen, because you have all the time 100% access to your money.
newbie
Activity: 19
Merit: 0
April 24, 2018, 02:17:32 AM
yeah it can't be say that bitcoin is the better payment system but it can be have that.
newbie
Activity: 196
Merit: 0
April 24, 2018, 02:15:43 AM
Yes of course the bitcoin it means of payment is the best because its system is very nice and supportive of the economy in the world.
full member
Activity: 658
Merit: 100
PayAccept - Worldwide payments accepted in seconds
April 24, 2018, 02:15:16 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Bitcoin isn't the best-paid system, because it has so many downsides, and I don't think Bitcoin system will upgrade because its development team is still a question mark. To use Altcoin as a payment system, I think we should use usdt as it has high stability.
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